Jaypee Associates

In March 2023, the National Company Law Tribunal has approved the resolution plan submitted by the Mumbai-based Suraksha Group for Jaypee Infratech through the insolvency process, raising hopes for more than 20,000 homebuyers waiting for their apartments in Noida for over a decade.

Dalmia Bharat acquires Jaiprakash Associates' cement plants for nearly Rs 6,000 crore

Back in October, Jaiprakash Associates and Jaiprakash Power Ventures had announced plans to divest their cement business as well as some non-core assets to reduce debt.

Jaiprakash Associates ties up with Gulshan Homz and CRC to complete 619 luxury units

The construction of the units is expected to be completed in the next three to 3.5 years, the company statement said

Jaypee-IBC case: NCLAT reserves order on extending IBC process deadline

Expected to pronounce order on extension of corporate insolvency resolution process on July 29.

Jaypee Associates deposits Rs 100 crore with SC registry; Rs 750 crore deposited out of Rs 2000 crore

The amount is part of the Rs 2,000 crore the top court had directed Jaypee Associates to deposit with its registry to pay the homebuyers of Jaypee Infratech seeking a refund of their money

Supreme Court directs Jaiprakash Associates to deposit Rs 200 crore

Next date hearing set for April 16

Jaypee Group searching buyers for its hotel portfolio, sale to generate ‘significant’ amount to refund homebuyers

Of Jaypee's five hotels, three hotels are in the National Capital Region with two of them being at very prime locations in New Delhi, close to the business districts and posh residential areas and one is in Greater Noida.

Want to 'hive off' Yamuna Expressway project, Jaypee tells SC

Jaypee Associates told the apex court that it has an offer worth Rs 2,500 crore and sought permission to give the project to another party.

Jaypee case: Insolvency Lawyer Sumant Batra explains

The Supreme Court today ordered Jaypee Associates, the holding company of Jaypee Infratech to deposit a sum of Rs 2,000 crore by October 27. To discuss the issue in detail CNBC-TV18's Ashmit Kkumar, who has been tracking those developments spoke to Insolvency Lawyer Sumant Batra.

Nifty may open flat ahead of OPEC meet today

US markets ended higher with the Dow and S&P 500 finishing at records. European markets ended mixed while Asia is cautious in morning trade. Meanwhile, crude prices head lower ahead of the crucial OPEC meet today.

ED registers case to probe Jaypee Associates under PMLA

The probe is related to a cement plant that Jaypee has in Himachal Pradesh.

UltraTech deal will pare co's debt by 15%: Jaypee Group

Speaking to CNBC-TV18 soon after the announcement of the deal, Gaur said that the UltraTech's acquisition of its Gujarat plant is only a part of the company's debt reduction plan.

UltraTech to buy JP Group's cement biz: Sources

UltraTech Cement is learnt to be in talks to buy stakes Jaypee Group‘s cement business in Ahmedabad, exclusive sources told CNBC-TV18. The deal is valued at around USD 700-890 million which is likely to close by year-end. The proceeds would be used to meet capacity expansion and retire debt, among others.

Market pulls comeback; banks, financials get life: Udayan

CNBC-TV18’s Udayan Mukherjee says that the market has shown a spectacular pullback and that the volumes are likely to end with 40% to 50% higher that Monday. He also says that the large-cap leadership is back and sees banks and financials doing well. “. Individual names like L&T, HUL, Jaypee Associates have done quite well,” Udayan adds.